The post Massive Dogecoin (DOGE) and Solana (SOL) Unlocks Imminent: What to Expect appeared on BitcoinEthereumNews.com.

The cryptocurrency market is anticipating token unlocks totaling more than $250 million over the course of the next seven days. The most prominent are the linear unlocks from Solana and Dogecoin, two assets with precarious market structures. While SOL faces a much larger unlock of $61.83 million (465,770 SOL), DOGE is expected to release $14.69 million worth of tokens (95.89 million DOGE), according to data from Tokenomist and WuBlockchain. Even though AVAX also receives a $11.65 million unlock, DOGE and SOL are particularly under pressure because of their technical positions. DOGE has been circling around $0.145, just above key support. All of the major moving averages (the 50, 100 and 200 EMAs) are above the current price, indicating a slight rebound in recent price action but a bearish overall trend.  Source: Tokenomist, per WuBlockchain At around 31, the RSI is heavily oversold and may be indicating a brief recovery. But there is a risk with the incoming token unlock. If more supply enters a market that is already devoid of strong bullish sentiment, DOGE may fall below $0.145 and perhaps retest the $0.12 level. The meme asset may experience a protracted bleed unless bulls quickly recover levels above $0.18. You Might Also Like The situation with SOL is comparable. It is currently trading around $134, has already dropped below its 200 EMA and is struggling to maintain the $130 range. Momentum is weak, and the RSI is in the mid-30s. More downside risk is introduced by the enormous $61 million unlock that is planned for the coming days. In the absence of a strong recovery above $150-155, SOL may fall into the $120s, bringing down the mood of the entire market. Even though these unlocks are partially priced in and known ahead of time, the risk is increased when they…

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Filed under: News - @ June 23, 2025 8:27 am